Plan Ledger DOL Form 5500 · updated monthly

Built in, Inc.401(k)

BUILT IN, INC. PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Built in, Inc. reported $850 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,041 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,477th of 3,702), and 8,319th of 11,654 in professional & technical services. In 2024, employees put in $10.11 for every $1.00 the employer contributed; active participation has shrunk from 129 to 89 since 2022.

Plan summary
Net assets, end of year$9,020,221
Participants with balances193
Active participants89
Employer contributions$92,678
Employee contributions$937,356
Employer contribution per active participant$1,041
Average account balance$46,737
Benefits paid to participants$947,232
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE & MORAN, PLCC
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 193 accts · $93K emplr
2023$7.6M · 192 accts
2022$6.4M · 205 accts · $628K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$850
Total administrative$850
The Built in, Inc. 401(k) match · 2024
Employer contribution per active participant$1,041
Median for plans this size$1,313
2024$1,041 per active participant
2022$4,871 per active participant

Built in, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$850 · 0.01%
2023$2,150 · 0.03%
2022$1,100 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Illinois
Teamsnap, Inc. IL$9.4M · 0.27%
Ascend Technologies, LLC IL$9.3M · 0.74%
Sertifi IL$9.2M · 0.39%
Challenger Performance IL$9.1M · 0.32%
Simantel Group LTD IL$9.0M · 0.44%
Citrus Health Group, Inc. IL$8.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810972948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.